Tim M. Wan - Nov 22, 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Nov 22, 2021
Transactions value $
-$2,546,881
Form type
4
Date filed
11/23/2021, 04:20 PM
Previous filing
Oct 25, 2021
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $32K +20K +4.18% $1.60* 498K Nov 22, 2021 Direct
transaction ASAN Class A Common Stock Sale -$117K -946 -0.19% $123.25* 497K Nov 22, 2021 Direct F1, F2
transaction ASAN Class A Common Stock Sale -$122K -980 -0.2% $124.02* 496K Nov 22, 2021 Direct F1, F3
transaction ASAN Class A Common Stock Sale -$168K -1.34K -0.27% $125.02* 495K Nov 22, 2021 Direct F1, F4
transaction ASAN Class A Common Stock Sale -$133K -1.05K -0.21% $126.32* 494K Nov 22, 2021 Direct F1, F5
transaction ASAN Class A Common Stock Sale -$173K -1.36K -0.28% $127.05* 492K Nov 22, 2021 Direct F1, F6
transaction ASAN Class A Common Stock Sale -$734K -5.72K -1.16% $128.29* 487K Nov 22, 2021 Direct F1, F7
transaction ASAN Class A Common Stock Sale -$449K -3.48K -0.71% $129.04* 483K Nov 22, 2021 Direct F1, F8
transaction ASAN Class A Common Stock Sale -$13K -100 -0.02% $129.93* 483K Nov 22, 2021 Direct F1, F9
transaction ASAN Class A Common Stock Sale -$326K -2.45K -0.51% $133.24* 481K Nov 22, 2021 Direct F1, F10
transaction ASAN Class A Common Stock Sale -$346K -2.58K -0.54% $134.22* 478K Nov 22, 2021 Direct F1, F11
holding ASAN Class A Common Stock 153K Nov 22, 2021 See footnote F12
holding ASAN Class A Common Stock 50K Nov 22, 2021 See footnote F13

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASAN Stock Option (right to buy) Options Exercise $0 -20K -2.16% $0.00 906K Nov 22, 2021 Class A Common Stock 20K $1.60 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $122.62 to $123.585 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $123.64 to $124.58 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $124.66 to $125.56 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $125.74 to $126.73 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $126.74 to $127.72 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $127.75 to $128.74 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $128.75 to $129.65 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $129.93 to $129.97 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $133.00 to $133.92 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $134.00 to $134.33 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
F13 The shares are held of record by the Reporting Person's spouse.
F14 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.